On Thursday at 10:34 AM (Bangkok time), the share price of Krungthai Card Public Company Limited (SET: KTC) jumped by 7.86% or THB 1.95 to THB 26.75, with a trading value of THB 212.75 million.
Pi Securities noted that KTC continued to post solid profit growth in the fourth quarter of 2025, with net profit for the full year 2025 expanding by 4.6% to THB 7.8 billion, supported by higher interest income and reduced loan loss provisions.
Although KTC’s loan portfolio increased by just 0.4%, this marginal expansion has contributed to an improvement in the company’s overall asset quality and maintained a solid balance sheet, providing a strong foundation for business expansion in 2026.
Looking ahead, Pi Securities expects KTC to deliver profit growth of 3.5% in 2026, outpacing the broader Thai economy. However, the broker cautioned that sluggish economic conditions may pose challenges for loan expansion. Improved credit management is likely to lead to a further reduction in provisions, thereby lending additional support to KTC’s earnings next year.
Additionally, the brokerage firm pointed out that KTC continues to offer an attractive dividend yield of 5.7% per annum.
